County Technical Services, Inc. (CTSI) has served Colorado counties for 39 years. County commissioners first envisioned CTSI as a way to empower counties by creating a collective purchasing pool. The […]
Serving Colorado's Counties
Flexible Spending Accounts (FSAs), Health Reimbursement Accounts (HRAs), and Health Savings Accounts (HSAs) are tax-advantaged accounts used to pay for certain qualified medical expenses such as co-pays, prescriptions, dental, and vision costs. Employers can offer any or all of these accounts as a benefit to offset healthcare costs. These accounts use pre-tax dollars and must adhere to specific rules and limits set by the IRS. The table below provides a general overview of how these accounts differ:
Each type of account offers benefits depending on your health insurance needs. Understanding the differences can help you determine which account or combination of accounts is the best fit for your situation. For more information, contact CTSI at (303) 861 0507.
County Technical Services, Inc. (CTSI) has served Colorado counties for 39 years. County commissioners first envisioned CTSI as a way to empower counties by creating a collective purchasing pool. The […]
With the increase in telecommuting and remote work since the pandemic, employers are receiving more employee requests to work remotely outside of Colorado. While out-of-state work arrangements can help with […]
We have had numerous requests from membership to put back in place an HR function as we have had in the past, as part of our loss prevention to assist […]
According to the US Department of Labor, injuries to hands account for nearly 25% of all lost-time in the workplace. That’s a total of 110,000 injuries per year. Yet, cuts, […]
